NPC

E Hanover, NJ · Charter 7401

Q2 1998

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 1998, the quarter ended June 30, 1998, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

E Hanover, NJ · Charter 7401

Q2 1998

$16.1MAssets

$5.7MLoans

$15.0MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.14%+131 bps YoY

Net Interest Margin (YTD, annualized)

n/a

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	YoY Δ	Trend
Earnings
Return on Assets	3.22%	2.78%	3.14%	2.83%	3.38%	3.51%	3.88%	4.14%	+131 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	n/a	n/a	n/a	-0.85%	-3.31%	5.22%	9.21%	15.95%	+1,680 bps
Loan Growth (YoY)	n/a	n/a	n/a	-6.00%	-15.98%	-18.39%	-11.90%	-4.68%	+132 bps
Share Growth (YoY)	n/a	n/a	n/a	-1.62%	-3.44%	5.37%	7.50%	14.92%	+1,654 bps
Asset Quality
Delinquent Loans / Loans	1.80%	3.60%	4.57%	3.64%	3.79%	3.22%	1.33%	1.56%	-209 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	1.91%	2.74%	2.96%	1.90%	2.57%	3.06%	1.67%	1.50%	-40 bps
Capital
Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Worth / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquidity & Funding
Loans / Shares	55.55%	54.49%	56.46%	46.21%	48.34%	42.20%	46.27%	38.33%	-788 bps
Liquid Assets / Assets	16.35%	16.30%	22.16%	42.24%	38.40%	41.29%	44.79%	55.87%	+1,363 bps